GAN Welcomes the Legalization of Internet Gambling in the State of Illinois
June 3, 2019
LONDON & DUBLIN--(BUSINESS WIRE)--
GAN plc (“GAN” or the “Company”), an award-winning developer and
supplier of enterprise-level B2B Internet gambling software, services
and online gaming content in the United States, welcomes the signing and
legalization of Internet gambling in Illinois. The bill will allow
patrons to place sports wagers both in-person and online. Illinois is
the 13th State to legalize sports wagering in the US and the
fifth to do so this year. Following the launch, 19.9% of the total US
population will be able to engage in internet gambling.
The Illinois Senate voted 46-10 on Sunday afternoon in favor of the
Sports betting bill. The legislative ‘Senate Bill 690’ now goes to
Illinois’ Governor Pritzker, who’s already confirmed he’ll sign it into
law.
Following Pennsylvania, and its population of 12.82 million, Illinois is
to become the second largest State to legalize internet sports gambling
in the US, with a population of 12.74 million. GAN foresees the
legalization to be material to GAN’s business, as the Company
anticipates its existing clients to extend their online GAN-supported
operations into the State of Illinois.
About GAN Plc
GAN is a leading business-to-business (“B2B”)
supplier of internet gambling software-as-a-service solutions (“SaaS”)
to the US land-based casino industry. The Company has developed a
proprietary internet gambling enterprise software system, GameSTACK™,
which it licenses principally to land-based US casino operators as a
turnkey technology solution for regulated real-money internet gambling,
encompassing internet gaming, internet sports gaming and virtual
Simulated Gaming. The Company has also launched digital user acquisition
& retention marketing in support of the Internet Casino (https://casino.winstar.com)
provided by GAN’s Digital Marketing Agency in Tel Aviv, Israel.
GAN is listed on the London Stock Exchange (LSE:GAN) and on Euronext
Dublin (Euronext Growth:GAME).
For more information please visit www.GAN.com.
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GAN
Jameson Wang
Vice President, Investor Relations &
Analytics
+1 (310) 384-1132
[email protected]
US Investors: The Equity Group
Adam Prior
[email protected]
212.371.8660
UK & Ireland Investors: Walbrook PR
Paul Cornelius
[email protected]
+44
20 7933 8780
Davy (Nominated Adviser, ESM Adviser and Joint Broker)
John
Frain / Barry Murphy
+353 1 679 6363
Liberum (Joint Broker)
Neil Patel / Cameron Duncan
+44
(0) 20 3100 2000
Source: GAN plc